Answer:
a) production units = 450,000
b) Amount of raw materials = 1,010,000.
Explanation:
The production budget is computed as follows;
Production budget = Sales budget + closing inventory - opening inventory
Production budget= 480,000 + 50,000 - 80,000
= 450,000 units
<em>The raw material purchase budget is the amount of material to be purchased to accommodate production need and inventory of materials to be kept.</em>
Purchase budget = usage budget + closing inventory - opening inventoy
Purchase budget = (2× 500,000) + 45,000 - 35,000
= 1,010,000.
Answer: 49.10 pee unit
Explanation:
Direct materials = $14.30
Add: Direct labor = 23.90
Add: Variable manufacturing overhead = 3.00
Add: Avoidable overhead = 28.30 - 28.40 = 0.10
Avoidable cost = 41.10
The maximum amount that the company should be willing to pay an outside supplier per unit for the part if the supplier commits to supplying all 53,000 units required each year will be:
= 41.10 × 53000 + 424,000 / 53000
= 49.1 per unit
Answer: d.an annual report for external regulators such as the SEC
Explanation:
A managerial accountant is someone who records and analyzes the financial information for an organization. The data analysed will then be used to form financial decisions which can help the organization's growth.
Managerial accountants prepared ls financial information for internal reporting and not external reporting. Therefore, of the options given, the managerial accountants can prepare all the reports except the annual report for external regulators such as the SEC.
Answer:
115%
Explanation:
Computation of the percentage change for year 2 when compared to the base year
Using this formula
Percentage change=(Year 2 Sales /Year 1 Sales )* 100
Let plug in the formula
Percentage change =($287,500/$250,000) * 100
Percentage change =1.15*100
Percentage change = 115%
Therefore the percentage change in year 2 when compared to the base year will be 115%
No,I don't think that the <span>government should be able to condemn property if what they plan to do is to sell it later for private use. This should apply to both the local and the national government. The government should only have the power to condemn property if some important need arises, such as security or infrastructure, and if the need is important for the functioning of a society. However, taking away someone's property to give it to someone else is not a good use of condemnation. </span>